A next-generation firewall (NGFW) is an integrated network platform that is part of the third generation of firewall technology combining traditional firewall with other networking devices functionalities. Next-generation firewalls are meant to provide protection from web-based malware attacks, targeted attacks, application layer attacks and many more. The rise in internal as well as external network threats is contributing to the growth of next-generation firewall market. This report studies the current and future prospects of next-generation firewall market.

The report on the global Next-generation firewall market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

KEY BENEFITS OF THE REPORT

In-depth analysis of the market ecosystem and its impact on the revenue growth

Understanding of the strategies that are being adopted by the key players in this market to stay competitive

Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

The rise in Internet of Things (IoT) trends is contributing towards the growth of next-generation firewall market. The services segment is growing at a fast pace which is opening newer opportunities for the market.

SME’s as well as large enterprises are concerned about their data security and protection of malware attacks, ransomware, APTs, zero-day attacks and unauthorized access issues which is increasing the demand for next-generation firewall.

There is a rise in number of vendors offering next-generation firewall technologies to the small as well as big organizations. This factor also leads to rise of next-generation firewall market.

The next-generation firewall market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region holds the maximum market share and contributes the highest revenue in next-generation firewall market. This dominance is because of developed economies of US and Canada because of which there is a high focus on research and development of security technologies. Next in line is the Asia-Pacific region which is witnessing a rapid growth of the next-generation firewall market. The growth of the market in Asia-Pacific region is because of rise in demand of IoT devices and technologies in organizations.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s next-generation firewall market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.